Regulatory Alerts2025-04-28
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Generative Artificial Intelligence Sandbox: Second Cohort
The Hong Kong Monetary Authority invites authorized institutions to apply for the second cohort of its Generative AI Sandbox to test innovative solutions in banking. The program prioritizes projects that enhance risk management, anti-fraud measures, and customer experience while demonstrating significant innovation and robust AI safety validation. Applicants must submit detailed proposals via the HKMA Survey Tool, with selection criteria focusing on novelty, complexity, industry impact, and adherence to fair use principles.
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